Suburb Profile Report for Bowen QLD (4805)

Bowen House: Median price $265,000, Annual capital growth -0.44%, Number of sales 85, Weekly median advertised rent $260

Bowen Unit: Median price $156,250, Annual capital growth 1.35%, Number of sales 10, Weekly median advertised rent $260

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Bowen has had a very poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -10.17% to date .

Bowen,4805 has offered an average of -10.17% return per annum in house price rises to property investors over the last three years.

Property investors looking for a bargain in Bowen should be aiming for at least -14.71% off the asking price, which is the average vendor discount being achieved at the moment.

Advertised rents are around the $260 mark per week – giving a return of 5.10% based on the median price in Suburb

QLD has seen average median house prices change by 1.70% which means that Bowen, 4805 has done well for property investors by showing a capital gain of -23.78% over the last year

On average over the past year, suburb has had 0.83 sales per month, which equates to 10 per year.

Advertised rents are around the $260 mark per week – giving a return of 8.65% based on the median price in Suburb

HOUSE UNIT
$265,000 $156,250
-3.46% N/A
-10.17% -23.78%
-0.44% 1.35%
$260 $260
85 10
5.10% 8.65%
148.35 N/A

Source: CoreLogic

DSR Score for property investment : Poor (U), Below average (H)
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Demographics
Total population 10260
Median household income ($/weekly) 1100
Median age of persons 39
Median housing loan repayment ($/monthly) 1733
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 1295 12.6
    25-34 years 1321 12.9
    35-44 years 1252 12.2
    45-54 years 1521 14.8
    55-64 years 1411 13.8
    Others 3461 33.7
    Age Group
    Census Count Percent(%)
    Registered Married 3235 47.0
    Not Married 2756 40.0
    Defacto Relationship 894 13.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 7838 85.8
    Lebanon 143 1.6
    Papua New Guinea 274 3.0
    United Kingdom 280 3.1
    Other 179 2.0
    Others 421 4.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 93 1.1
    Christianity 6562 74.9
    Hinduism 9 0.1
    Islam 35 0.4
    No Religion 2043 23.3
    Others 18 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 405 12.7
    $600-$799 330 10.4
    $800-$999 300 9.4
    $1,250-$1,499 280 8.8
    $1,500-$1,999 377 11.9
    Others 1485 46.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3170 42.7
    Not in the labour force 2457 33.1
    Employed, worked part-time 1214 16.4
    Employed, away from work 326 4.4
    Unemployed, looking for work 255 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 583 12.4
    Technicians & trades workers 797 16.9
    Clerical & administrative workers 489 10.4
    Machinery operators & drivers 562 11.9
    Labourers 1005 21.3
    Others 1272 27.0
    Occupation
    Census Count Percent(%)
    Pre-school 83 5.0
    Infants/Primary 795 48.3
    Secondary 489 29.7
    Technical or Further Educational Institution 169 10.3
    University or other Tertiary Institutions 68 4.1
    Others 42 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7701 86.7
    Semi-detached, row or terrace house, townhouse 207 2.3
    Flat, unit or apartment 591 6.7
    Caravan, cabin, houseboat 333 3.8
    Improvised home, tent, sleepers out 45 0.5
    Others 3 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1324 38.0
    Fully owned 1209 34.7
    Being purchased 930 26.7
    Other tenure type 19 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals